U.K.-based SpaceChain beat 13 other national applicants to secure the funding.
The city council member in Kramatorsk, Ukraine, bought 185,000 XMR in 2015 when the cryptocurrency’s price was well below $1.
DBS has officially said it will set up a digital asset exchange with the Singapore stock exchange taking 10% stake in the new platform.
The post Singapore stock exchange takes 10% stake in DBS’ new crypto trading platform appeared first on The Block.
The DBS Digital Exchange is 10% owned by Singapore’s SGX stock exchange.
FTX exchange has listed an Airbnb derivatives product ahead of the home rental giant’s initial public offering today.
“Bruno Brock” is alleged to have avoided tax on sales of the pearl cryptocurrency as well as minting free tokens for himself.
Quick Take
- It’s often said that every tech company wants to be a bank. But it hasn’t fully materialized, yet.
- While crypto companies are rapidly pushing the boundaries of market structure and wanting to be banks themselves, so far only Wyoming special state charters have offered early forms of success.
- The recent break-neck pace of crypto banking developments paired with latest U.S. regulatory rhetoric suggests 2021 is setting up for a potential collision course among crypto national bank charter hopefuls.
Join The Block’s Asia editor Wolfie Zhao for a conversation exploring the inner workings of crypto lending in Asia Pacific.
The post The Block Presents: Crypto Lending Under the Hood — Brought to you by BlockFi appeared first on The Block.
Reps. Warren Davidson, Tom Emmer, Ted Budd and Scott Perry urged Steven Mnuchin to rethink his rumored self-hosted wallet regulations in an open letter Wednesday which warned such rules might “crush a nascent industry.”
Crypto company Paxos is seeking a national bank trust charter from the Office of the Comptroller of the Currency, a top U.S. bank regulator.
The post Paxos files application with U.S regulator to obtain a national bank charter appeared first on The Block.
